News

Tornaritis Law Firm has been appointed as legal advisor to the Special Adminstrator of Cyprus Popular Bank Public Limited.

Legacy Laiki, which is being run by a special administrator appointed by the regulatory authority( Central Bank ), is the single largest shareholder in Bank of Cyprus and the only shareholder with a stake exceeding 5 percent.

Legacy Laiki is what remains of Cyprus Popular Bank Public Limited, which was the country’s second-biggest lender.